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0.000957289420501474 0.000879932699652721 0.000599514586576569 -0.00387750563253623 -0.00445768103890088 -0.0015761431872904 -0.00581142365375131 -0.0104915052650918
Stock impact report

Is The US Dollar Under Pressure From New Payment Rails? [Forbes]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Forbes
The debate coincides with another shift, which is the growing emergence of cross-border payments infrastructure that seek to move money across borders without interacting with US currency or payment systems. At the moment, the US dollar still dominates global cross-border trade. According to the most recent data from the IMF, US dollars made up 57% of the world's total foreign exchange reserves in Q3 2025, meaning it is still the world's large reserve currency, though this share has gradually declined over time – from 71% in Q1 2000. Overall, the US dollar accounted for 89% of global FX volumes in April 2025, according to the Bank for International Settlements. Even as its share of global reserves have declined, the dollar is still deeply embedded within global payments infrastructure, with the US owning and operating the pipelines through which most of the world's global payments flow. US-based correspondent banks enable international payments to be settled in dollars via US-base Show less Read more
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